In this business, letting your emotions control you will lead to disaster. Instead, you need to have a powerful mindset, or what we call the Trader’s Psyche. This is a focused psychological framework that will help you develop selective, wise, and patient trading methods. The most successful traders exhibit these mental habits which help them… Read More »
Krishna swore not to raise a weapon in the Battle of Kurukshetra against the Kauravas. He was Arjuna’s charioteer and that’s all he intended to be. Krishna’s vow came as a relief to his enemies as they knew he could have ended the battle with a swing of his sword if he wanted to. Instead,… Read More »
There are many stories in the Mahabharata, some which may not be mentioned in the orginal. But many of them are very interesting and provide deep insight. This is one such story: While the battle of Kurushetra was at its peak, Arjuna and Karna were fighting each other. It was a battle to witness, a… Read More »
You should keep a trading journal of every trade you make! Backtest every system for at least 1,000 trades! Brush your teeth before bed! All of this is sound advice. However, how many traders actuallyfollow this advice? Do you? I would bet that less then a third of you reading this article keep a trading… Read More »
There was a Brahmin, he used to earn his living by visiting homes and offering prayers. Once that Brahmin was called for worship from the palace of the king of the city. That Brahmin happily went to worship after receiving the invitation from the royal palace. When the Brahmin started coming home after completing the… Read More »
Trading in financial markets can be an exhilarating endeavor, offering the promise of financial independence and wealth creation. However, along with the potential for profit comes the unavoidable presence of stress. The fast-paced nature of trading, coupled with the inherent uncertainty of markets, can create significant psychological pressure on traders. This stress not only affects… Read More »
BY Lance Beggs Fatigue management is a favorite topic of mine, due to my interest in aviation and in particular aviation safety. In military aviation, in both a training and operational environment, fatigue management is recognized as an essential function of command, in order to minimize risk and enhance operational effectiveness. The same applies to… Read More »
In this village lived a man and he was quite rich, a very wealthy man, and he used to pray a lot. Everyday he used to pray, in the morning, at mealtime, and even at night he used to pray. But one day, a thought came into his mind, and he said, “You know I… Read More »
by Swami Sivananda 1. TIRUVALLUVAR In Mylapore, Madras, there lived about two thousand years ago a born Siddha and born poet by the name of Valluvar, or, as he is more commonly known, Tiruvalluvar. He is regarded as an Avatara of Brahma. He married Vasuki and led the life of a householder to show people… Read More »
When many of us think of probabilities, the first thought that comes to mind is a coin toss—having a 50% chance of being correct on a given toss. Can something as simple as a coin toss be applied to investing in financial markets? Probabilities, as with a coin toss, can indeed provide us with tools… Read More »